Is Edna Township, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Edna Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Edna Township has remained a Buyer's Market.

Key Takeaway

Edna Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Edna Township, MN

How much do homes in Edna Township, MN cost?

Median Sold Price

$830,000

$289/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$70,000(+9.2%)

Key Takeaway

Homes in Edna Township have sold for 9.2% more than they did a month ago.

Summary: The median home sold price in Edna Township was $830,000 in November 2024, up 9.2% from last month, and the median price per square foot was $289.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $760K-
N/A
3 --
N/A
4 --
N/A
5+ -$830K
N/A

Summary: Edna Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Edna Township
+9.2%
Dead Lake Township
-9.9%

Housing Supply in Edna Township, MN

How many homes are available in Edna Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
98-11.1%

Summary: The Edna Township real estate market had 8 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 22
0.0%
4 33
0.0%
5+ 22
0.0%

Summary: The Edna Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Edna Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Edna Township in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Edna Township, MN

How long does it take to sell a home in Edna Township, MN?

Average Sale Time

Oct 2024Nov 2024CHANGE
4 Days28 Days+600.0%

Summary: Homes in Edna Township had an average of 28 days on market in Nov 2024, up by 600% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Edna Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Edna Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Edna Township, MN

Nearby Markets to Edna Township, MN